Lessons from finance’s experience with artificial intelligence
Humans can take on the machines
Who are the earliest adopters of new technologies? Cutting-edge stuff tends to be expensive, meaning the answer is often the extremely rich. Early adopters also tend to be incentivised by cut-throat competition to look beyond the status quo. As such, there may be no group more likely to pick up new tools than the uber-rich and hyper-competitive hedge-fund industry.
Explore more
This article appeared in the Finance & economics section of the print edition under the headline “Hedge-fund lessons”
Finance & economics March 11th 2023
- Can the West’s perplexing employment miracle continue?
- How to measure China’s true economic growth
- China’s Communist Party takes aim at hedonistic bankers
- New York’s stockmarkets are thrashing Hong Kong and London
- Lessons from finance’s experience with artificial intelligence
- Why commodities shine in a time of stagflation
- Emerging-market central-bank experiments risk reigniting inflation
More from Finance & economics
China meets its official growth target. Not everyone is convinced
For one thing, 2024 saw the second-weakest rise in nominal GDP since the 1970s
Ethiopia gets a stockmarket. Now it just needs some firms to list
The country is no longer the most populous without a bourse
Are big cities overrated?
New economic research suggests so
Why catastrophe bonds are failing to cover disaster damage
The innovative form of insurance is reaching its limits
“The Traitors”, a reality TV show, offers a useful economics lesson
It is a finite, sequential, incomplete information game
Will Donald Trump unleash Wall Street?
Bankers have plenty of reason to be hopeful